Business/ Commerce

Saudi Arabia invests $1 billion into Virgin Galactic with $480 million option for space services

10-31-2017 • nextbigfuture.com by brian wang

The Public Investment Fund (PIF) of Saudi Arabia and Virgin Group (Virgin), have signed a non-binding Memorandum of Understanding (MoU) for a partnership under which PIF intends to invest approximately $1 billion into Virgin Galactic, ...